to temporarily increase the threshold under which certain depreciating assets, costs incurred in relation to depreciating assets and general small business pools can be written off; and

Income Tax Assessment Act 1997

to: make consequential amendments; enable primary producers to claim an immediate deduction for capital expenditure on water facilities and fencing assets; and deduct capital expenditure on fodder storage assets over three years.

Part of a package of eight bills to reform the legal and governance framework for Norfolk Island, the bill amends the

Health and Other Services (Compensation) Care Charges Act 1995

to ensure that Medicare benefits, nursing home benefits or residential care subsidies are recoverable from persons on Norfolk Island who receive compensation or damages through a judgment or settlement.

Part of a package of eight bills to reform the legal and governance framework for Norfolk Island, the bill amends: the

Norfolk Island Act 1979

and 28 Acts to provide interim measures to implement the reform, including abolishing the Norfolk Island Legislative Assembly and Executive Council, and establishing an Advisory Council as an interim consultative body; the

Norfolk Island Act 1979

and 115 Acts to provide for the final governance arrangements, including: the application of New South Wales (NSW) state law to Norfolk Island as Commonwealth law and to allow the Commonwealth to enter into arrangements with the NSW Government for the delivery of state level services; and extending certain mainland social security, immigration and health arrangements to Norfolk Island; and the

Census and Statistics Act 1905

to align the power to collect statistics in the external territories with the power to collect statistics in the rest of Australia.